M/s Authorgen Technologies Pvt.Ltd, Mohali V. Pr.CIT-1, Chandigarh

ITA 172/CHANDI/2021

AI Insights

The case involves an appeal by M/s Authorgen Technologies P. Ltd. against the order of the Principal Commissioner of Income Tax (Pr. CIT), Chandigarh, dated 27.03.2021, under section 263 of the Income Tax Act, 1961, for the assessment year 2017-18. The Pr. CIT had raised issues regarding prior period expenses and unexplained expenses. However, following the Pr. CIT's order, the AO passed a consequential order under section 143(3) read with section 263, in which no additions were made concerning the issues raised. The assessee argued that the revisionary order had become infructuous due to this consequential order, leading to the dismissal of the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 127471 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 11 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-06-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 11-06-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 04-07-2021
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 143(3)

Judgement Text

आयकर अपील य अ धकरण,च डीगढ़ यायपीठ , च डीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH ‘A’ CHANDIGARH BEFORE: SHRI A.D.JAIN, VICE PRESIDENT AND SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER आयकर अपील सं./ ITA No. 172/CHD/2021 नधा रण वष / Assessment Year : 2017-18 M/s Authorgen Technologies P.Ltd., C-203, 8 th Floor, World Tech Tower, Industrial Area, Phase-VIII, Mohali. बना म VS The Pr. CIT(1), Chandigarh. थायी लेखा सं./PAN /TAN No: AADCA0494Q अपीलाथ /Appellant यथ /Respondent नधा रती क ओर से/Assessee by : Shri Vishal Shah, CA राज व क ओर से/ Revenue by : Shri Rohit Sharma, CIT-DR तार"ख/Date of Hearing : 12.06.2023 उदघोषणा क तार"ख/Date of Pronouncement : 13.06.2023 आदेश/ORDER PER VIKRAM SINGH YADAV,A.M. This is an appeal file d by the assessee against the orde r of ld. Pr.CI T, Chandigarh date d 27.03.2021 u/s 263 o f the I ncome Tax Act, 1961 pertaining to assessme nt year 2017-18. 2. During the course s of he aring, t he ld. A R submitted that purs uant to the impug ne d order passed by t he ld. PCI T, the AO has passed the consequential orde r u/s 143(3) re ad with Section 263 of the Ac t where in no addit ion has be en made in respect of ITA 172/CHD/2021 A.Y.2017-18 Page 2 of 3 the issues whic h have be en raise d by the ld. Pr. CIT in terms of prior period e xpense s and une xplaine d expe nses. It was, accordingly, submitted that the order pas sed u /s 263 has become infructuou s and the assesse e hereby re quests to quas h the revisionary orde r passe d u /s 263 of the Act. 3. Per contra, the ld. CI T/DR s ubmitted that the asse ssee has got the necessary relief in the conse que ntial order passe d u /s 143(3) read with Section 263 of the Act, the refore, there is no cause of action le ft with the asse ssee in terms of pursuing the present appeal. 4. Afte r he aring both the parties and considering the material available on re cord, give n the fact that the AO has passe d the co nsequential orde r whe rein the issue s raised by the ld. Pr. CI T have bee n examine d and ha ve been found to be in orde r and no additions have been made by the AO, we find t hat the pre se nt appe al filed by t he assesse e agains t the orde r of ld. PCI T has become infru ctuous and ac cordingly, the appeal o f the asse ssee is dismissed. 5. In the result, appe al of the as se ssee is dismisse d. Order pronounced in the open Court on 13.06.2023. Sd/- Sd/- आकाश द प जैन !व#म %संह यादव (AAKASH DEEP JAIN) (VIKRAM SINGH YADAV) उपा(य) / VICE PRESIDENT लेखा सद+य/ ACCOUNTANT MEMBER ITA 172/CHD/2021 A.Y.2017-18 Page 3 of 3 “Poonam” आदेश क琉 灹ितिलिप अ灡ेिषत/ Copy of the order forwarded to : 1. अपीलाथ牸/ The Appellant 2. 灹瀄यथ牸/ The Respondent 3. आयकर आयु猴/ CIT 4. िवभागीय 灹ितिनिध, आयकर अपीलीय आिधकरण, च瀃डीगढ़/ DR, ITAT, CHANDIGARH 5. गाड榁 फाईल/ Guard File आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar